COVID-19 Impact On Protein Supplement Market Share, Size, Trends, Business Opportunities By 2025

 Market Introduction

The Global Protein Supplements Market is projected to grow with a significant growth rate of 6.87% from 2018 to 2023 and reach a market value of USD 14.50 billion by the end of 2023.

Protein Supplement are dietary supplements which provide energy and high protein content to the body. Protein supplements are produced by extraction of protein majorly form plants and animals.  Based on the protein content and form, the protein supplement varieties are segregated. They contribute to a proper balanced diet and enhances the body metabolism. 

The global market for Protein Supplement Market Share has witnessed continued demand during the last few years and is projected to reach 1,247 kilo tons by 2023. Increase in demand of protein supplement-based products as a dietary supplement across various countries is likely to drive the global protein supplement. Increasing awareness about the health benefits of protein supplements has appositive impact on its market growth.

By Downstream analysis

By 2023, plant sourced protein supplement will reach more than 500 kilo tons. The easy availability and high protein content of plant-based protein in addition to easy processing for protein extraction is supporting the growth of plant-based protein supplement in the market.

Application of protein supplement in nutraceuticals holds a lion’s share of the total market share and it is projected to grow at a CAGR of 5.14% by 2023. However, sports nutrition-based application will witness the high growth rate (~4.57%) during forecast period 2017 to 2023. By 2023, powder form of protein supplement is projected to hold a major share and is projected to have a significant growth rate backed up by high shelf-life of the product.

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Competitive analysis

The major key players in Protein Supplement market are

• Glanbia Plc. (Ireland)
• Archer Daniels Midland Company (U.S.)
• GNC Holdings Inc. (U.S.)
• Herbalife Ltd (U.S.)
• GlaxoSmithKline Plc. (U.K.)
• Abbott Laboratories (U.S.)
• Amway (U.S.)

Key players are focused majorly on new product launch in their protein supplements product and it accounts for more than 30% of the overall strategy share by key players from last few years. Acquisition, mergers and geographical expansion are the main factors which are contributing 50% of strategy share and is facilitating companies to penetrate the potential market across globe.

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Regional Analysis

North America will continue to dominate the protein supplement market with more than 30% market share and it is projected to reach more than 400 kilo tons with CAGR of 5.65% by 2023. Asia-Pacific will witness the highest growth rate (~5.87%) during forecast period 2017 to 2023. Europe region will witness the growth of 2.58% in protein supplement market for the same period. Growing popularity of consumption of dietary supplements imparting necessary nutrients to the body is driving the market growth of protein supplement globally. 

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COVID-19 Impact On Copper Fungicides Market Demand, Business Opportunities, Drivers, Existing Trends, Forecast to 2024

 Market Highlights

The Global Copper Fungicides Market is estimated to be valued at USD 1,089.03 Million by 2024 and is expected to register a CAGR of 4.80% during the forecast period. Copper fungicides are pesticides that contain inorganic copper mineral and are used to prevent fungal diseases in crops. The use of copper fungicides in farming is highly regulated and restricted, with several countries across the globe following the standards set by the EU. Copper fungicides are allowed in organic farming within certain limits owing to concerns of copper build-up in the soil from prolonged use. 

Global Copper Fungicides Market Demand are widely used in both organic and conventional farming. They are usually applied in fixed form, which lowers the water solubility. However, copper can accumulate on plant tissue when there is a lack of rain and the fungicide is sprayed repeatedly to cover new growth. In such situations, post rainfall, large amounts of copper ions may be released, leading to phytotoxicity. The solubility of copper increases with acidic pH.

Market Players

Market Research Future recognizes Mitsui & Co., Ltd. (Japan), ADAMA Agricultural Solutions Ltd (Israel), Nufarm (Australia), Jiangxi Heyi Chemicals Co., Ltd. (China), Industrias Químicas del Vallés SA (IQV) (Spain), Albaugh (US), UPL Limited (India), Bayer AG (Germany), Synthos AGRO Sp. z o.o. (Sweden), and Isagro (Italy) as the key players active in the global copper fungicides market.

Read More @ https://www.marketwatch.com/press-release/copper-fungicides-market-global-overview-size-value-demand-leading-players-review-covid-19-pandemic-impact-business-growth-by-forecast-to-2024-2020-08-24?tesla=y

Segmental Analysis

The global copper fungicides market has been segmented based on type, application, and region.

By type, the market has been divided into inorganic copper fungicides and organic copper fungicides. The inorganic copper fungicides segment accounted for the larger market share in 2018. The advantages of inorganic copper fungicides include high efficacy and low price. Some of the inorganic copper fungicides are Bordeaux mixture, cuprous oxide, copper hydroxide, and copper oxychloride. However, the organic copper fungicides segment is expected to register the highest growth rate during the forecast period due to the advantages such as high efficacy, enhanced safety, and low toxicity.

Regional Analysis

Geographically, the global copper fungicides market has been segmented into North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. As per MRFR analysis, Europe dominated the market, accounting for the largest share of 35.39% in 2018. However, the market in Asia-Pacific is expected to register the highest CAGR of 5.37% during the assessment period.

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COVID-19 Impact On Wood Vinegar Industry Size, Company Analysis, Trends, Growth Drivers, Business Development to 2023

 Wood Vinegar Market Highlights

The liquid obtained from pyrolysis process of fresh wood is known as wood vinegar. Wood vinegar contains germicidal ingredients such as methanol & phenol, which leads to strong germicidal effect on plants. Due to this, it improves the crop yield and improves seeds for germination.

By application, The Global Wood Vinegar Industry Size has been segmented into agriculture, animal feed, food & beverages, and others. The agriculture segment is expected to garner the highest revenue share of the global wood vinegar market owing to the growing agriculture industry worldwide. It is used as a bio-pesticides and fertilizer, as it has various benefits such as improving soil quality, stimulating cell growth and strengthening leaves and roots of the plants.

Based on pyrolysis method, The Global Wood Vinegar Market has been segmented into slow pyrolysis, fast pyrolysis, and intermediate pyrolysis. The slow pyrolysis segment is expected to garner the highest revenue share and grow at the highest rate in the global wood vinegar market owing to the increasing number of applications. Additionally, slow pyrolysis process produces better quality of wood vinegar compared to fast and intermediate pyrolysis. The wood vinegar is used in agriculture, animal feed, and food & beverage industry.

Key Players

Some of the key players in The Global Wood Vinegar Market are Ace Singapore Pte Ltd (Singapore), Canada Renewable Bioenergy Corp (Canada), Nettenergy B.V. (Netherlands), Tagrow Co., Ltd. (China), Byron Biochar (Australia), Red Arrow International LLC (US), B&G Foods, Inc. (US), Baumer Foods, Inc.(US), VerdiLife, LLC.(US), and Taiko Pharmaceutical Co.,Ltd. (Japan).

Read More @ https://www.marketwatch.com/press-release/wood-vinegar-market-insight-size-value-share-competitive-leaderboard-emerging-audience-covid-19-analysis-and-forecast-to-2023-2020-06-12?tesla=y

Regional Analysis

The Global Wood Vinegar Market has been segmented by region, into North America, Europe, Asia-Pacific, and Rest of the World.

Asia-Pacific is expected to lead The Global Wood Vinegar Market due to growing preference for organic pesticides in agriculture industry. Owing to this, governments in Asian countries such as India, China, Australia, New Zealand and Japan are promoting the organic farming culture.

The Wood Vinegar Market in North America is expected to be the fastest-growing during the review period owing to the growing demand for bio fertilizers and bio-pesticides. Wood vinegar is a bio-fertilizer, which aids to increase soil microbial weight, improves soil, firmness, and preservation of fruit and to stimulate development of crops.

Segmentation

The Global Wood Vinegar Market has further been segmented by pyrolysis method and application.

By pyrolysis method, The Global Wood Vinegar Market has been classified as slow pyrolysis, fast pyrolysis, and intermediate pyrolysis.

The global wood vinegar market has also been segregated, based on application, into agriculture, animal feed, food & beverages and others.

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COVID-19 Impact On Feed Yeast Market Value, Livestock Application, Size, Share, Region - 2024 |Market Research Future

 Market Overview

The global Feed Yeast Market is expected to register a CAGR of 5.8% from 2019 to 2024 and reach USD 2.23 billion by the end of 2024. Live yeasts are added to the feed n order to improve the feed performance. It stimulates the secretion of digestive enzymes and immune responses of the livestock. Additionally, the global feed yeast market is observing an exponential growth based on its high usage in the feed industry. The major types of feed yeast available in the market include dry yeast and spent yeast.

The Growing consumer awareness regarding livestock health and their increasing interest in healthy eating habits, the demand for Feed Yeast Market Value has increased to a greater extent. In addition to rising meat consumption, quality feed, industrialization of livestock, and the prevention of diseases in livestock are expected to drive the global feed yeast market.

Downstream analysis

The global feed yeast market is segmented into type, livestock, and form.

Based on the type, it is segmented into live yeast, spent yeast, and others. Among all, the live yeast segment is dominating the market.

Based on the form, it is segmented into dry, liquid, and others. The dry segment is dominating the market. Higher stability and ease of handling are the key factors fuelling demand for dry form.

Based on the livestock, the feed yeast market is segmented into poultry, swine, ruminants, aquatic, and others. Among all, the poultry segment is dominating the market.

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The major players in the feed yeast market

• Nutreco N.V. (the Netherlands)
• Associated British Foods plc (U.K)
• Archer-Daniels-Midland Company (U.S.)
• Angelyeast, Ltd. (China)
• Alltech, Inc. (U.S.)
• Cargill Inc. (Germany)
• Leiber GmbH (Germany)
• Lesaffre Yeast Corporation (U.S.)
• Diamond V Mills, Inc. (U.S.)
• Lallemand Inc. (Canada)

Regional Analysis

The global feed yeast market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). The European region is dominating the feed yeast market followed by the Asia Pacific owing to rising population followed by increasing consumption of meat products in the developed regions. Most of the key players are located in Europe and they are following strategies of merger and acquisition with small players to expand their business in other regions due to increasing demand for feed yeast from the animal feed industry.

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COVID-19 Impact On Seaweed Market Report Trends Analysis Report by Product, Application, Segment, Opportunity, Forecast To 2023

 Seaweed Market Overview

Facts and projections about the global seaweed market are presented in detail in the latest research report from Market Research Future (MRFR). The report looks at the historical growth trajectory of the global seaweed market and investigates the likely growth trajectory of the market over the forecast period from 2017 to 2023. Major drivers and restraints affecting the growth of the seaweed market are also analyzed in the report in order to provide a comprehensive overview of the market’s growth trajectory to the readers. Leading economic drivers for the market are also assessed in the report.

Global Seaweed Market Report are macroscopic marine plants. Their gums and other exudates have earned significant industrial importance in recent years, as they have been shown to have heavy utility in several end uses. Seaweed gums are widely used in adhesives, dyes, gels, as well as in the textile and paper industries to improve the characteristics of the final products. Seaweed gums provide stability and allow the formulations to retain their shape and structure under stress. Seaweed extracts are also widely used in the food and beverage industry, as seaweed extracts can be highly nutritious and enriching. Seaweeds are an important source of calcium, vitamin K, and iron, which has made them important in the food and beverage industry.

Competitive Analysis:

Leading players in the global seaweed market include Cargill Foods (U.S.), P.L.Thomas and Co., Inc (U.S.), Ingredients Solutions, Inc. (U.S.), Snap Alginates (India), Polygal Ag (Switzerland), Arthur Branwell & Co., Ltd (U.K.), Kimica Alginates (Japan)

Market Segmentation

The global seaweed market is segmented based on type, form, end use, and region.

By type, the global seaweed market is segmented into brown, green, and red. Red seaweed holds the highest amount of antioxidants and is thus widely used in dietary applications.

By form, the global seaweed market is segmented into powder, liquid, flakes, and others. The liquid segment holds the largest share in the global seaweed market due to the high shelf life of liquid seaweed extracts.

By end use, the global seaweed market is segmented into textiles, food, paper and pulp, welding rods, pharmaceuticals, personal care products, and others. The food industry holds the largest share in the global seaweed market, followed by the personal care products industry.

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Regional Analysis

Asia Pacific holds the largest share in the global seaweed market, followed by North America. Countries such as China, Australia, Thailand, Japan, and South Korea are major players in the global seaweed market and are likely to ensure steady growth of the seaweed market in Asia Pacific over the forecast period.

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COVID-19 Impact On Sugar-Free Confectioneries Market Share, Business Strategy, Size, Opportunity Assessment Forecast To 2023

 Market Scenario       

Sugar-free confectioneries are among the recent trends in the market. Increasing obesity and diabetes from consumption of confectioneries have influenced the consumers to incline towards the consumption of sugar-free confectioneries. This increasing inclination towards the sugar-free confectioneries is driving the growth of the market.

Global Sugar-Free Confectioneries Market Share are a wide range of products, which are devoid of sugar or contain artificial sweeteners in replacement of sugar. They are consumed as a healthy alternative to the sugar-based confectionery products. Growing trend of health and wellness activities have inclined consumers from sugar confectioneries to sugar-free confectioneries. The different types of sugar-free confectioneries are available in the market such as sweets, candy, candy nuts, chocolates, chewing gum, and others. They are available in different attractive packaging including sachets, boxes, and others.  

Key Players

Some of the key players profiled in the Global Sugar-Free Confectionery Market are-

• THE HERSHEY COMPANY (U.S.)
• Nestlé (Switzerland)
• Mars Incorporated (U.S.)
• Mondelez International (U.S.)
• Chocoladefabriken Lindt & Sprüngli AG (Switzerland)
• Ferrero (Italy)
• HARIBO of America, Inc. (Germany)

Segments

Sugar-free confectionery market is segmented based on a type such as sweets, candy, candy nuts, chocolates, chewing gum, and others. The chocolate segment is dominating the market and is expected to grow substantially over the forecast period. Sweets segment is projected to witness a moderate growth during the estimated period.

Based on the packaging, sugar-free confectionery market is segmented into sachets, boxes, and others. The sachet segment is dominating the market. However, boxes segment are expected to grow at the fastest rate in the coming years.

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Regional Analysis

The global sugar-free confectionery market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). North America is dominating the global market followed by Europe. Increasing health-conscious population is driving the sugar-free confectionery market in North America.The U.K and the Netherlands are major contributors to the European sugar-free confectioneries market.

In Asia Pacific, India is the major consumer of confectionery products owing to the involvement of confectioneries in their various traditional customs, which has a high opportunity for sugar-free confectionery in this region.

Continuous innovation by the key players in the market and government efforts supporting sugar-free confectionery market is likely to surge the growth of the sugar-free confectionery market in rest of the world.  

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COVID-19 Impact On Gluten-Free Foods Market Share, Sales Volume, Competitive Landscape, Company Profiles, Demand and Forecast – 2023

 Market Overview:

Market Research Future (MRFR) announces a new release on the global gluten-free beverages market. The report takes a close look at various aspects affecting the performance of the global gluten-free beverages market and presents a comprehensive picture of the market’s present prospects and growth potential over the 2018-2023 forecast period.

Global Gluten-Free Foods Market Share is a compound found in grain and grain derivatives. In recent years, gluten has been vilified in the food and beverages sector as being harmful to gut health and a potential allergen. Several people face allergies and related complications upon the consumption of gluten. Gluten is also a contributor to celiac disease, the prevalence of which has grown at an alarming rate in the Western world over the last few decades. 

Competitive Analysis:

Leading players in the global gluten-free beverages market include WhiteWave Foods, PepsiCo Inc., Bob’s Red Mill Natural Foods, The Dannon Company Inc., Hain Celestial Group Inc., Döhler GmbH, and Koninklijke DSM NV.

Segmental Analysis:

The global gluten-free beverages market has been segmented by type, packaging material, and distribution channel.

On the basis of type, the global gluten-free beverages market has been segmented into alcoholic and non-alcoholic beverages. Non-alcoholic beverages currently dominate the global gluten-free beverages market. However, alcoholic beverages such as beer contain a significant amount of gluten. As a result, developing gluten-free variants of such popular beverages is likely to be a major objective for key players in the gluten-free beverages market in the coming years. This is likely to drive the alcoholic segment of the global gluten-free beverages market over the forecast period.

By distribution channel, store-based distribution currently dominates the global gluten-free beverages market, as the conventional store-based distribution system for food and beverages has been followed by gluten-free beverage manufacturers. However, with the increasing ease of storage and transportation of gluten-free beverages, many brands are launching online shopping portals for their own brands or partnering with ecommerce giants to sell their products online. 

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Regional Analysis:

The global gluten-free beverages market is segmented into North America, Europe, Asia Pacific (APAC), and Rest of the world based on geography.

North America currently dominates the global gluten-free beverage market due to the widespread presence of celiac disease and the growing awareness among consumers about the benefits of gluten-free products in combating the same. The widespread availability of gluten-free beverages in North America, due to the presence of a strong retail supply chain and high awareness about gluten-free products, is likely to ensure North America’s dominance in the global gluten-free beverages market over the forecast period. 

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Macadamia Nuts Market Size, Demand By Manufacturers, Growth Opportunities, Forecast To 2023

 Macadamia Nuts Market Overview

Macadamia nuts contain minerals, amino acids, vitamin B-complex, and trace elements. They are mainly used in various food products such as frozen desserts, bakery products, and snacks. Macadamia integrifolia oil has a similar composition to olive oil and contains about 58% monounsaturated fatty acids and is thus considered healthy due to the low cholesterol content. The oil also maintains the balance between omega-6 and omega-3 fatty acids, thereby maintaining proper blood circulation. Macadamia nuts and oils are also used in the manufacture of personal care products due to their high vitamin content. Thus, the demand for macadamia nuts is soaring globally.

Asia-Pacific is expected to be the largest Macadamia Nuts Market Size during the review period owing to the presence of leading food producers in the region. Australia is one of the main commercial growers of macadamia nuts, producing more than 40,000 tons per year. The nuts are enriched with healthy lipids, vitamins, minerals, and protein. Therefore, macadamia nuts are not only used for culinary purposes, but also in personal care products as the oil protects the skin, lips, and hair from moisture loss.

The market in the rest of the world includes South America, the Middle East, and Africa. Africa and the Middle East are major markets for macadamia nuts. The growth of the market in the rest of the world can be attributed to the growing food & beverage industry and rising demand for high-quality nuts for their taste and flavor.

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The Global Macadamia Nuts Market has also been segmented based on type, category, application, and region. By type, the global macadamia nuts market has been segmented into whole, halves, whole and half blends, chips, and others. The whole segment is expected to account for the largest market share owing to the easy availability and high use of whole macadamia nuts in various food products such as chocolates, biscuits, cakes, and ice cream. The segment is also expected to register the highest growth rate during the review period.

Key Players

Some of the key players in the global Macadamia Nuts Market are Alimentos Selectos S.A. (Guatemala), Hamakua Macadamia Nut Co Inc. (US), Royal Macadamia (Pty) Ltd (South Africa), Golden Macadamias (South Africa), Kenya Nut Company Ltd (Kenya), Mauna Loa Macadamia Nut Corp (US), MacFarms (US), Nambucca Macnuts Pty Ltd (US), MWT Foods Australia (Australia), and Wondaree Macadamias (Australia).

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Biorational Pesticides Industry Size, Analysis Based on Growth, New Trends, Current Industry Demand Forecast To 2023

 Biorational Pesticides Market Scenario

Biorational pesticides Market are pest control materials that are less toxic and harmful to humans, animals, and environment. The products are mostly considered natural and are permitted to be used in organic farming. The increasing awareness regarding environmental sustainability and consumer shift to organic food are the major market drivers. The market has high potential in developing countries. However, the lack of basic infrastructure, along with low shelf life of these products, is restraining the growth of the market. The major players are focusing on innovation and geographical diversification to expand in the market.

Global Biorational Pesticides Industry Size are efficacious against target pests but are less detrimental to natural enemies as compared to chemical pesticides. The term is sometimes also used to describe only those products derived from natural sources, such as plant extracts and insect pathogens. The rise in concerns about food safety has led farmers to explore environment-friendly methods to replace or supplement the current chemical-based practices. The use of biorational pesticides is the alternative to chemical pesticides.

The global biorational pesticides market has been segregated, by mode of application, foliar spray, soil treatment, trunk injection, and others. The foliar spray segment is expected to dominate the global biorational pesticides market during the assessment period as the direct application on leaves through foliar spray is the most effective way of supplying nutrients to plants.

The global market for biorational pesticides has also been classified, by type, as biorational insecticides, biorational fungicides, biorational nematicides, and others. Biorational insecticides are one of the most largely commercially available types of biorational pesticides. The increasing awareness among farmers is the major driver for the segment.

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Key Players

Some of the key players in The Global Biorational Pesticides Market are Bayer AG (Germany), Syngenta AG (Switzerland), Monsanto Bioag (US), BASF SE (Germany), Dowdupont (US), Valent Biosciences (Canada), Isagro SAP (Italy), Koppert (The Netherlands), Marrone Bio Innovations (US), and Russell IPM (UK).

Regional Analysis

Based on Region, The Global Biorational Pesticides Market has been segmented by North America, Europe, Asia-Pacific, and RoW. North America is expected to dominate the global biorational pesticides market owing to the growing demand for organic products. Moreover, the awareness among the farmers regarding the benefits of the biorational pesticides has contributed significantly to the biorational pesticides market. 

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Vegan Butter Products Global Industry Analysis, Size, Industry Growth, Region, Forecast To 2023

 Market Analysis

As per the report published by Market Research Future (MRFR),  the global vegan butter market is expected to garner a notable CAGR over the review period of 2018-2023.

butter is derived from cow's milk. But,  vegan butter, commonly labeled as margarine are made from plant sources. They contain high fat content and similar nutritional value as to butter obtained from cow's milk. This makes it popular among the vegan population. The growing number of vegan population due to shift in food consumption pattern is prompting the rate of adoption of vegan butter. Another significant cause boosting the use of vegan butter is the growing concern of people towards animals. MRFR identified these factors to cast a positive impact on the global Vegan Butter Products Industry expansion that is anticipated to spur the growth curve of the market.

Segmental Overview

The segmental study of the global vegan butter market provides indispensable insights into the market that helps in the identification of several growth windows. The vegan butter market study has been segmented into distribution channel, packaging type, and type.

On the basis of distribution channel, the global vegan butter market is segmented into store based and non-store based. The store-based segment is further bifurcated into convenience stores, supermarkets & hypermarkets, and others. Due to the one-stop shopping experience and widespread availability of vegan butter in hypermarkets and supermarkets the store-based segment is expected to experience a rapid growth. The existence of powerful market players and the penetration of e-commerce in the food and beverage retail sector are factors likely to influence the non-store-based segment expansion.  

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On the basis of type, the global vegan butter market has been segmented into nut butter, vegetable butter, and others. The vegetable butter segment is expected to generate the highest revenue and proliferate at a rapid rate due to high number of sales of different vegetable butter like peanut butter, coca butter, shea butter, and others. 

Regional Insights

The demographic insights of the vegan butter market offer a proper understanding of the dynamic influencing the regional market growth. On the basis of region, the market has been segmented into Europe, North America, Asia Pacific, and Rest of the World (RoW).

The surge in number of vegans is triggering an increase in sales of plant-based products in North America. This is likely to foster the vegan butter market growth in the region. MRFR forecast vegan butter market to grow with a significant CAGR over the forecast period. Similarly, the growing concerns regarding animals is increasing the adoption of vegan butter among the European population. This is predicted to spur the European vegan butter market in the coming years.

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Key Players

MRFR enlisted some of the prominent companies operating in the vegan butter market. They are Naturli 'Foods A / S (Denmark), Conagra Brands, Inc. (US), WayFare Foods (Montana), Miyoko's (US), I Can't Believe It's Not Butter (US), Prosperity Organic Foods, Inc. (Idaho), and I Can't Believe It's Not Butter (US) among others.

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Field Peas Type Industry Growth Opportunity, Top Manufacturer, Size, Share, Forecast To 2024

 Market Overview

The Global Field Peas Market for pet food size can touch USD 2,417.6 million by 2024, as per the findings of Market Research Future (MRFR). It can exhibit 5.85% CAGR from 2018 to 2024. Pet foods which are nutrient-dense and protein-rich in content are in high demand by pet owners. Field peas are rich in amino acids, minerals, vitamins, and other nutrients. They have come up as a viable substitute in lieu of potato-based foods being linked to cardiovascular diseases in dogs.

The uptick noticed in pets being treated as part of families is likely to drive the demand in the Field Peas Type Industry for pet food. This is evident with nearly 2.7 million animals are being adopted in the U.S. from animal shelters. Concerns regarding filler ingredients such as grain and meat-by products has called for the need for natural or organic sources of raw materials to be included in pet foods. Preference towards plant-based protein sources considering various vegan pet owners can work in favor of the market.

Segmentation

The field peas market for pet food is segmented by type and application. 

By type, the chickpeas segment is expected to grow at a robust CAGR of 6.51% over the forecast period to accrue a valuation of USD 618.7 million by 2024. The segment can accrue a demand of 956.8 thousand tons by 2024 at a CAGR of 5.03% during the assessment period. Chickpeas fit into the category of natural foods owing to its high nutritious content. The ability of the legume to maintain blood sugar level and high immunity levels in pets can be credited for its high growth rate. On the other hand, the peas segment can reach a value of USD 1,535.7 million by 2024.

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Regional Analysis:

Region-wise segmentation of the field peas market for pet food includes North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW). Among them, Europe accounted for 34.5% market share in 2017, followed by North America (31.1%), RoW (22.1%), and APAC (12.3%).

The North America field peas market for pet food can accrue USD 737.1 million by 2024 at a CAGR of 5.56% during the forecast period. The market volume can touch 1,1195.3 thousand tons by the end of the assessment period. This can be credited to expanding use of legumes in pet foods to heighten the immunity levels of pets. Increasing pet humanization and adoption of pets in the U.S. and Canada can create massive demand for the market till 2024.

The Europe region can exhibit a high CAGR of 5.71% to generate close to USD 826.1 million by 2024. Rising demand for natural ingredients and strict ingredient labeling policies to protect pets can drive the market demand of the field peas market for pet food. Novel product launches and experimentation with new flavors are strategies of players residing in the region to gain the upper hand in the market.

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Competitive Analysis

Notable players in the field peas market for pet food are Palouse Brand (U.S.), Great Northern AG (U.S.), George F. Brocke & Sons Inc. (U.S.), AGT Food and Ingredients, Inc. (Canada), Crites Seed Inc. (Europe), Columbia Grain International, LLC (U.S.), and Ceres Global Ag Corp (U.S.).

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Worldwide COVID-19 Pandemic Impact on Algaecides Market Size, Trends, Growth, Industry Segments, Overview, Forecast To 2024

Market Overview

Algaecides is a chemical treatment designed to kill and prevent algae growth. There are mainly two types of algaecides such as natural algaecides and synthetic algaecides. They are applicable in agriculture, surface water treatment, aquaculture, and others. It is mainly used in aquaculture to promote aquatic life by preventing algae growth which inhibits the growth of the aquatic life. Moreover, it is used in agriculture to prevent the degradation of soil quality caused by algae. Increasing pollution has caused an increase in the growth of algae and raised the need for algaecides.

Global Algaecides Market Size help in killing and preventing the growth of algae. Increasing population and growing demand for food have led to high agricultural productivity which is driving the growth of the algaecides market. Moreover, limited availability of cultivable land is boosting the demand for algaecides to increase farm productivity.

Downstream analysis

Algaecides market is segmented based on type such as natural algaecides and synthetic algaecides. Among them, the synthetic algaecides segment is witnessed to be dominating the market and is projected to grow potentially over the forecast period.

Based on the form, algaecides market is segmented into granular, liquids, and others. The granular segment accounted for the largest market share based on its effectiveness and higher penetration in the algal cells.

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Based on application, algaecides market is segmented into agriculture, surface water treatment, aquaculture, & others. Among all, the aquaculture segment is projected to be dominating the market with a potential growth over the estimated period.

Based on the mode of application, algaecides market is segmented into selective algaecide and non-selective algaecide. Among them, the non-selective algaecide is dominating the market owing to high efficiency and improved control at a range of algal species.

Competitive analysis

The major players in the algaecides market

• The Dow Chemical Company (U.S.)
• BASF SE (Germany)
• Lonza Group (Switzerland)
• Waterco Limited (Australia)
• Sepro Corporation (U.S.)
• Oreq Corporation (U.S.)
• Biosafe Systems, LLC (U.S.)

Regional Analysis

The global algaecides market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). North America is dominating the market followed by Europe. In North America, Canada is the major contributor of algaecides followed by the U.S.

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Asia Pacific is observed to be the emerging market for algaecides. India and China are the major contributors to the growth of algaecides market in this region. Increasing awareness for algaecides among the population along with the implementation of modern farming techniques is boosting the growth of algaecides market in this region. For rest of the world, Latin America is projected to witness high growth over the estimated period.

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Worldwide COVID-19 Pandemic Impact on Specialty Fertilizers Application Industry Regional Analysis, Competition Forecast To 2023

Market Overview

Specialty fertilizers are commercial fertilizers primarily distributed for non-farm use such as use on home gardens, lawns, shrubbery, flowers, golf courses, municipal parks, cemeteries, greenhouses, and nurseries. They contain plant nutrients which are helpful in improving the growth, yield, and quality of the plant. These fertilizers steadily release nutrients into the root zone depending on the thickness of fertilizer coating and environmental conditions. Specialty fertilizers can be broadly categorized into nitrogen fertilizers, phosphate fertilizers, potash fertilizers, and others.

Global Specialty fertilizers Application Industry help in improving agricultural productivity by promoting plant growth. Increasing population and growing demand for food have led to high agricultural productivity which is driving the growth of the specialty fertilizers market. Moreover, limited availability of cultivable land and the pressure to increase farm productivity is boosting the demand for specialty fertilizers.

Downstream analysis

Specialty fertilizers market is segmented based on a type such as nitrogen fertilizers, phosphate fertilizers, potash fertilizers, and others. Among all, potash fertilizers are holding the major market share. Moreover, in potash fertilizers, potassium chloride is dominating the market. However, nitrogen fertilizers are experiencing a decent growth over the forecast period.

Based on the crop type, the specialty fertilizers market is segmented into cereals & oilseeds, fruits & vegetables, turf & ornamentals, and others. Among all, turf & ornamentals segment is witnessed to be dominating the specialty fertilizers market. However, cereal and oilseeds segment is expanding at a high rate during the given period of time.

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Competitive analysis

The major players in the specialty fertilizers market

• Mosaic Company (U.S.)
• Agrium Inc. (Canada)
• Yara International (Norway)
• Haifa Chemicals (Israel)
• Atlantic Gold Corp (Canada)
• Art Wilson Co. (U.S.)
• Eurochem (Switzerland)

Regional Analysis

The global specialty fertilizers market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). Asia Pacific dominates the market and is projected to witness substantial growth over the estimated period. India and China which are two of the largest countries in terms of population are majorly contributing to the growth of specialty fertilizers in this region.

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 In North America, the U.S. is the major contributor to specialty fertilizers. However, stringent environmental regulations in the developed economies of North America and Europe are expected to restrain the market growth in these regions. Biobased specialty fertilizers are expected to offer huge growth opportunity in North America and Europe. For rest of the world, South America is projected to witness high growth owing to increasing demand for crops in this region.

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Drip Irrigation Industry Trends, Application, Opportunity Analysis, Competitive Insights 2024

Market Highlights

The Global Drip Irrigation Market is projected to register a CAGR of 10.3% from 2019 to 2024 and reach a market value of USD 7.9 Billion by 2024. Drip irrigation is a method of irrigation, in which water is supplied to the roots of plants at a slower pace as compared to that of other irrigation methods. This method of irrigation offers several benefits such as reduced usage of fertilizers and water, increased crop yield, elimination of water logging caused by flood irrigation, and equal distribution of water to all crops in the field. Rising awareness about the benefits of drip irrigation and increasing adoption of modern farming practices are projected to fuel the growth of global drip irrigation market. 

The global Drip Irrigation Industry Trends has been segmented based on emitter type, application technique, end use, and region.

Based on emitter type, the market has been segregated into inline emitters and online emitters. The inline segment emitters are anticipated to account for a larger share of the market and expand at a high CAGR during the forecast period owing to considerable demand from farmers. Inline emitters are pre-installed, and hence they save a considerable amount of labor cost, which is expected to boost their demand during the study period.     

Based on application technique, the drip irrigation market has been bifurcated into surface and sub-surface. The surface segment is expected to constitute a larger market share and expand at a higher CAGR during the review period due to substantial demand for the irrigation of vegetable crops and perennial crops.     

Key Players

Rivulis Irrigation Limited (Israel), Harvel Agua (India), Antelco Pty Ltd (Australia), Irritec S.p.A (Italy), Chinadrip Irrigation Equipment Co. Ltd  (China), Kothari Agritech Private Limited (India), Jain Irrigation Systems Limited (India), T-L Irrigation Company (India), Lindsay Corporation (US), EPC Industrie (India), Nelson Irrigation Corporation (US), Netafim Ltd (Israel), DripWorks, Inc. (US), The Toro Company (US), and Microjet Irrigation Systems (South Africa), are some of the major key players operating in the global drip irrigation market.

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Regional Analysis

In terms of region, the global drip irrigation market has been divided into North America, Europe, Asia-Pacific, and the rest of the world.

Asia-Pacific is expected to dominate the global market, as agriculture is a primary occupation in several countries in the region. Moreover, rising demand for food has resulted in the necessity to increase the productivty, which is expected to propel the growth of the drip irrigation market in the region. North America is expected to account for a significant market share during the review period owing to the rapid expansion of the agricultural industry. Growing awarenss among farmers about sustainable farming practices and high demand for drip irrigation sysatems to increase cultivation,especialy of fruits drives the market in Europe.

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Probiotics in Animal Feed Industry Insights & Opportunity Evolution, Forecast to 2024

Market Highlights

The microbial strains used in animal feed for promoting animal growth, yield, productivity, immunity, and gut health are known as probiotics in animal feed. The most common microbial strains used as probiotics for livestock are bacteria, yeast, and fungi. The Global Probiotics in Animal Feed Market is expected to garner a revenue of USD 6.5 Billion by 2024 and register a CAGR of 7.5% during the forecast period of 2019 to 2024. Manufactures are witnessing challenges in their growth in the global Probiotics in Animal Feed Industry due to the rising initial investment, especially in research and development that is involved in the improvement of efficient and viable animal probiotic feed additives. However, prominent players active in the animal feed probiotics market are focusing on different growth strategies such as mergers & acquisitions, innovations, product launches, and joint ventures to overcome the challenges and attain larger market share.

The global probiotics in animal feed market has been segregated, by form, into dry and liquid. The dry segment is expected to garner a larger revenue share of the global probiotics in animal feed market as the dry probiotics in animal feed offer low storage cost, ease in transportation, and higher shelf-life. The low or negligible moisture content in dry probiotics render them fit for use in animal feed as it helps in increasing shelf life of animal feed as well.

Key Players

Some of the key players in the global probiotics in animal feed market are DuPont de Nemours, Inc. (US), Kerry Group (Ireland), Bluestar Adisseo Co., Ltd. (China), Evonik Industries AG (Germany), Land O'Lakes, Inc. (US), Pure Cultures (US), Alltech (US), Lallemand Inc. (Canada), Novus International, Inc. (US), Koninklijke DSM N.V. (Netherlands), Chr. Hansen Holding A/S (Denmark), Schouw & Co. (Denmark), Lesaffre (France), Unique Biotech (India), and Novozymes (Denmark).

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Regional Analysis

The global probiotics in animal feed market has been segmented, by region, into North America, Europe, Asia-Pacific, and the rest of the world.

The market in Asia-Pacific is expected to account for the largest market share and register the highest CAGR of the global probiotics in animal feed market due to the increasing consumption of poultry products in the region. Additionally, the growth of the region can be attributed to the presence of large number of livestock in the developing economies of Asia-Pacific including China, India, Bangladesh, Vietnam, and Indonesia.

Some of the strategies followed by the players operating in the market were innovations, product launches, mergers, acquisitions, and joint ventures.

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Carob Industry Future Growth, Business Prospects, Size, Share, Development, Forecast To 2024

Carob Market Highlights

Carob Market is harvested from Ceratonia siliqua or the carob tree which belongs to the legume family. Carob pods are rich in calcium, sodium, potassium, magnesium, fiber, and protein, resulting in its increasing application in the food industry. Carob is a natural sweetener and is used as a healthier substitute for chocolate as it contains low amounts of fat and sugar and does not contain caffeine.          

The global Carob Industry has been segmented based on category, form, application, and region.

The global Carob Market has been segregated, by category, into conventional and organic. The conventional segment is expected to dominate the global carob market during the assessment period. However, the organic segment is expected to register a higher CAGR during the forecast period owing to rising consumer preference for organic products.  

The global market for carob has also been classified, by application, as bakery and confectionery, dairy products, snacks, and others. The bakery and confectionery segment is expected to dominate the market. However, the snacks segment is expected to register the highest CAGR during the forecast period. Growing demand for healthy snacks is driving the growth of the segment.

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Key Players

Some of the key players in the global Carob Market are Australian Carobs Pty Ltd. (Australia), Tate & Lyle (UK), DuPont (US), Carob S.A. (Spain), Stavros Parpis Foods Ltd (Cyprus), Altrafine Gums (India), Pedro Perez (Spain), Savvy Carob Co Ltd (UK), AEP Colloids (US), and TIC Gums, Inc. (US)

Regional Analysis

Based on region, the global Carob Market has been segmented into North America, Europe, Asia-Pacific, and RoW. Europe is expected to dominate the global carob market with the presence of key cultivation areas in Italy, Spain, and Portugal. North America is expected to hold a major share of the global carob market with the US being the major contributor to the growth of the market. The rising demand for carob in breakfast cereal is contributing to the growth of the regional market. Asia-Pacific also held a significant share of the global carob market in 2018 and the regional market is expected to register the highest CAGR during the forecast period. In the rest of the world, Africa is projected to hold the majority share of the carob market.

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